Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Problem 1:

In the economics of the firm, we are spending a lot of time on thinking about the firm's internal structure right now. A problem in firms and teams in general is the Free-rider problem. In your own workplace have you experienced a free-rider problem? Are there mechanisms for reducing this behavior?

Problem 2:

Consider some of hierarchical models of firm: U-form, M-form, Network and Matrix. Can you think of some instances of these? In your instances, are these efficient or unproductive organizational structures? What do these systems imply about the efficient level of hierarchy within each of them?

Think about your current or past organization where you were employed. What was its structural form and levels of hierarchy? Was it proficient? What was the incentive structure which was designed for it? How could that incentive system been modified to enhance the efficiency?

Problem 3:

All firms outsource some activities. When does it seem sensible to outsource, i.e. purchase goods and services needed by the firm from other companies. For illustration, why do auto makers buy tires from other firms before making them themselves?

Problem 4:

What role do transaction costs play in the determining the efficiency of internal structure of a firm (U-form, M-form, Matrix, Network)? There are many transactions that take place in the firm that don't take account of prices like regular markets do. Nevertheless, there are opportunity costs to interactions in the firm. For ex, if a department wants the accounting department to do a study or if the IT department is asked to execute a task for another department, there’re opportunity costs. In that context, what role do transaction costs play in determining the effectiveness of internal structure of a firm (U-form, M-form, Matrix, Network)?

Additional Requirements:

Other Requirements: For each problem 160-200 words

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914089

Have any Question? 


Related Questions in Macroeconomics

Standards are very important part of industry benchmarks

Standards are very important part of industry benchmarks, regulations, and quality systems.  Explain the following in details: The purpose and need of standards.  Give at least three example List at least three sets of U ...

To get you started concentrate on two distinct chapters in

To get you started concentrate on two distinct chapters in the Schiller textbook. See chapter 4 for an analysis of the problems of individual markets. See chapter 10 for an analysis of problems in the aggregation of mark ...

Magnetism and electromagnetism75 to 150 words-do not

Magnetism and Electromagnetism 75 to 150 words-Do not plagiarize  Discuss the difference between a permanent magnet and an electromagnet.  What are some practical applications of each? Discuss why a conductor and the ext ...

Why are database management systems dbmss but really just

Why are database management systems (DBMSs, but really just asking about database technology) important in the business community? Can you provide an example of database technology in the business world?

Using an is-lm model under a flexible exchange rate regime

Using an IS-LM model, under a flexible exchange rate regime, show how the domestic economy reacts to a decrease in foreign income. Is there a real response in the economy in terms of output levels?

All else held constant is a major problem facing all

"All else held constant" is a major problem facing all methods of estimating the demand for business products. Compare and contrast how the marketing and economic approaches deal with this problem. Please use examples.

Economic projectempirical project the research project

Economic Project Empirical Project The research project should be about 10 pages and should explain your data collection, model, and findings. Below is a quick guide to doing empirical research. Guide to doing an empiric ...

Suppose the governor of california has proposed decreasing

Suppose the governor of California has proposed decreasing toll rates on California's toll roads and has presented two possible scenarios to implement these increases. The following are projected data for the two scenari ...

Choose one of the following two questions to discuss if

Choose one of the following two questions to discuss. If there are two original posts related to one question, then you have to choose the other question for your original post. 1. The world's Least Developed Country can ...

National hospital is the only employer of nurses in the

National Hospital is the only employer of nurses in the county of Castoria, and it acts as a profit-maximizing monopsonist in the market for nursing labor. The marginal revenue product for nurses is w = 50 2N, where w is ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro